As far as defensive stocks are concerned, it's not just $PEP-0.4% and $KO-0.8%that are falling now , but also $NESM.DE6.8%. Nestlé shares have lost more than 20% over the past year, yet the company is not doing badly financially at all. I don't buy defensive stocks much, but $PEP-0.4% or $NESM.DE6.8% are at interesting prices right now.
What's your take on $NESM.DE6.8%stock ?
The drop there is really significant, but I've been looking more at $PEP-0.4% stock lately, as the price is really low there right now.
I've had $KO-0.8% stock in my portfolio for a long time and I don't want to add another stock like it to my portfolio now.
Nestlé's pretty well carved up... Do you know what's going on there? From a quick look at the numbers, I don't see much of a problem there.